Superannuation and wealth management solution provider, Financial Synergy, is partnering with global financial institution, ING Direct, to launch a retail product focused on value and online functionality (view press release). Dubbed ING Direct Living Super, the solution will enable customers to view their ‘super balance’ alongside their existing bank accounts when doing online banking. In addition to performing transactions such as making contributions, investment switches and updating personal detail, users will also be able to purchase insurance, invest in term deposits and conduct share trading online.

“The level of integration for features such as insurance, term deposits and share trading in this product provides true straight through processing for most transactions,” said Financial Synergy CEO, Stephen Mackley. “This will contain costs, yet still deliver the flexibility and control that ING DIRECT customers are seeking.”

PaymentEye_BTF_MPU_300x250

Most Popular

Michael Cocoman, International Regulatory Lead at Stripe, considers the impact of PSD2 on marketplace platforms in Europe and Stripe’s solution to shoulder the regulatory burden so platforms can focus on running their online businesses.